How Much Did Switchgear Solutions Raise?
Funding & Key Investors

Switchgear Solutions has secured $1.2M in total capital, with its most recent funding round bringing in $813K through a major strategic investment. This significant backing underscores the company's established presence and strategic importance within the electrical apparatus manufacturing sector.

What is Switchgear Solutions?

Switchgear Solutions
ManufacturingIndustrial Machinery & EquipmentConsumer Services

Switchgear Solutions, based in Tucson, Arizona, is a specialized manufacturer of electrical apparatus, focusing on service, repair, testing, and remanufacturing. The company provides engineered solutions and the innovative Safe-T-Rack remote circuit breaker racking system, catering to industries that demand high-quality electrical equipment and robust support services. Their offerings are designed to ensure operational safety and reliability for a diverse client base.

How much funding has Switchgear Solutions raised?

Switchgear Solutions has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$813K

Debt (2020): $350K with participation from PPP

Debt (2021): $813K led by PPP

Key Investors in Switchgear Solutions

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Switchgear Solutions?

The recent major strategic investment indicates a phase of significant growth and potential expansion for Switchgear Solutions. This capital infusion is likely to fuel advancements in their product development, enhance their service capabilities, and potentially broaden their market reach. The company's focus on safety and reliability positions it well to capitalize on increasing demands for robust electrical infrastructure solutions.

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Frequently Asked Questions Regarding Switchgear Solutions Financial Insights

What are the most recent funding rounds that Switchgear Solutions has completed, and what were the funding rounds?
Switchgear Solutions has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Switchgear Solutions has raised to date?
Switchgear Solutions has raised a total of $1.2M in funding to date.
How many funding rounds has Switchgear Solutions completed?
Switchgear Solutions has completed 2 funding rounds.
How much funding did Switchgear Solutions raise in its most recent funding round?
Switchgear Solutions raised $813K in its most recent funding round.
Who are the lead investors in Switchgear Solutions's latest funding round?
The lead investor in Switchgear Solutions's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Switchgear Solutions's history?
The largest funding round in Switchgear Solutions's history was $813K.
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